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Corporal Kielbasa


Registered: 05/29/04
Posts: 17,235
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Re: Anyone stack gold or silver? [Re: makaveli8x8]
#22239704 - 09/15/15 04:09 AM (8 years, 4 months ago) |
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its that time of year to shed the old baggage
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makaveli8x8
Stranger

Registered: 02/28/06
Posts: 21,636
Last seen: 7 years, 7 months
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I dunno about your gun shows, but the ones I go to are filled with scam artists, liars, and people pretending to be professionals when they are mearly bums off the street.
10-20 years ago you could go to a gun show and get guns at a nice discount, now when you go these dudes have the shit MARKED UP, AND you have to pay to get in so whats the dam point
personally id avoid coin/gun shows like the plague and go through a big name website
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  We were sent to hell for eternity Ø h® We play on earth to pass the time Over-population the root of all Evil-brings the Elites Closer to the gates.
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psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,456
Loc: 613
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Re: Anyone stack gold or silver? [Re: Shiithead]
#22239857 - 09/15/15 06:33 AM (8 years, 4 months ago) |
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I'm a fan of "junk" silver coins as well. I used to buy from a little shop in a mall where they based their prices on the spot price. Also did some trades on a coin forum. Really small time stuff but it was a fun hobby for me (put together a collection of coins I like looking at, even if there is no real numismatic value) and I made some money when the prices were high.
The zealots who think prices can only go up and up and up are pretty nuts but I think it's a pretty fun and low risk way to get into investing if you make your moves at sensible times. If you buy when prices are low, realistically prices can only go so much lower. If they do, you buy more and lower your average buy price. Prices could stay low for a long time, but it's pretty much an absolute certainty that there will be another bull run sometime. Might not always be the best performing investment, but "buy low, sell high" is very low risk. It's the "buy high, hope to sell higher" people (and the "buy high, hope for the apocalypse" crowd) who often get themselves into stupid financial situations.
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Magenta
I care!!


Registered: 06/14/09
Posts: 20,322
Loc: The land of plenty
Last seen: 2 months, 6 days
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Re: Anyone stack gold or silver? [Re: VivaLaMushie]
#22259691 - 09/19/15 11:03 AM (8 years, 4 months ago) |
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Quote:
VivaLaMushie said: I have a bunch of the JFK silver half dollars from the 60's
I usually buy them at the gas stations. They always have them it seems.
Willing to trade?
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makaveli8x8
Stranger

Registered: 02/28/06
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Re: Anyone stack gold or silver? [Re: Magenta]
#22259734 - 09/19/15 11:17 AM (8 years, 4 months ago) |
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I always wonder why people always buy shit with those half dollars. They have to know when they spend it that its not something seen everyday, yet they still go in and just drop that shit down on the counter like its just another coin. Maybe they just view it as a pay it forward type of attitude, or just don't want to deal with scumbag pawn shops
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  We were sent to hell for eternity Ø h® We play on earth to pass the time Over-population the root of all Evil-brings the Elites Closer to the gates.
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Peachette
Wayward Princess


Registered: 11/22/09
Posts: 681
Loc: Secret Dungeon Level
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Re: Anyone stack gold or silver? [Re: makaveli8x8]
#22259879 - 09/19/15 11:53 AM (8 years, 4 months ago) |
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We made out with 17 grand profit during the bubble just from silver & that was after we purchased/restocked when it got back to 15. My husband handles the "books" but our gold trading got us a very generous savings and paid off my student loans.
Not going to post any stacks or numbers.. that'd be foolish for anyone looking to make a trade in the future. It's a sizeable share when gold was 400 an ounce. There's also our palladium we got in 1999 we could still profit from immensely.
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Anyone stack gold or silver? [Re: Peachette] 2
#22260019 - 09/19/15 12:27 PM (8 years, 4 months ago) |
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I still have gold I bought years ago, not quite at 400 but in the 400's. Some later in the 500's. One day the people with physical gold will be king while the fiat and paper holders will be very sad.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
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Re: Anyone stack gold or silver? [Re: Stonehenge]
#22260047 - 09/19/15 12:32 PM (8 years, 4 months ago) |
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Quote:
Stonehenge said: One day the people with physical gold will be king while the fiat and paper holders will be very sad.
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
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passifloracaerulea



Registered: 11/13/10
Posts: 10,485
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Re: Anyone stack gold or silver? [Re: Shiithead]
#22260416 - 09/19/15 02:15 PM (8 years, 4 months ago) |
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Until they recall all the gold and silver, which has been done before.
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twighead
mͯó



Registered: 08/27/08
Posts: 29,560
Loc: Glenn Gould's Fuck Windmill
Last seen: 5 hours, 45 minutes
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Gotta get your stuff off the books then somehow
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Peachette
Wayward Princess


Registered: 11/22/09
Posts: 681
Loc: Secret Dungeon Level
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Re: Anyone stack gold or silver? [Re: Stonehenge]
#22260444 - 09/19/15 02:24 PM (8 years, 4 months ago) |
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Quote:
Stonehenge said: I still have gold I bought years ago, not quite at 400 but in the 400's. Some later in the 500's. One day the people with physical gold will be king while the fiat and paper holders will be very sad.
1.
Pretty much. It baffles me that people think it's a useless endeavor and would rather get in to the stock market now. Of all times really? Buy on an upward slope, sounds good .
When AIG was less than a dollar a share my parents threw 40 grand(ish) or so at it IIRC. They sold somewhere around 50 dollars a share and maybe higher idk. I know they walked away with around 2 million or something ridiculous playing that and two others (automobiles?) that nearly disappeared during the crash. They don't discuss it and I won't know until they pass but I dread that day.
TBH, they deserved it. My mother was raised dirt poor and stayed that way for the better part of 25 years working two and a half jobs when dad left.
They lived off of disability from stepfather's Gulf War syndrome loading irradiated shells. They lost their home and almost everything. It was a stunning example of a "hail mary" pass.
I have no idea why they threw caution to the wind and nearly every penny at it while in debt and losing their home but they pretty much won the stock market lotto. I'm just glad they are happy even if my stepfather is as useless as a thermal winter coat in a Florida summer (before he got sick and after he got better).
I hope they do the right thing and set up a trust for our nephew instead of giving it to my brother. That kid is so full of failure and has never finished a goal in his life and has always lived off their dime, unemployed, even when they were dirt poor. Didn't even offer to go to food shelves or volunteer for our town to get free shares.
Anyhow tho, it's all besides the point.
At the end of the day they are family and the only family I have. We can only ask for love and light for those close to us irregardless of past mistakes or douchebaggery.
2.
As far as metals go, my husband said the Fed rate hike and recent Russia, China and Syria conflicts may make a higher profit than before if not the same. If it crashes to $10 silver and $800 gold he wants to buy more. I don't know how I feel about that, but he did manage to get us 20k-30k silver profit and turned around and tripled our holdings except the Palladium. If Ag or Au drop, he's unloading all the Pd... but we are going to have a lengthy discussion and do audits beforehand.
I had to put my foot down and get him to stop buying metals and coins. It almost came to addiction levels. It's "his" money but there's a line that has to be drawn with so many international issues now and the false deflation [terminology(?)] of metals.
From what I understand they're all manipulated through big money markets and the ratios are off. I will probably be eating my words when or if it skyrockets but whatever, we are sitting pretty with incredibly secure and insured safety deposit boxes in three different locations in two states.
Some porn to make up for the novel written above.
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Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
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Re: Anyone stack gold or silver? [Re: Peachette]
#22261729 - 09/19/15 07:35 PM (8 years, 4 months ago) |
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Quote:
Haruko Haruhara said: secure and insured safety deposit boxes in three different locations in two states.
I would get it out of there. If it ever goes to shit like it did in the late 20's who's to say they won't fall short. Sure they can reimburse you with paper money but paper is fiat currency. Gold/silver is too in a sense but precious metals will always have a place in any society. Right now in Illinois, lottery winners cannot claim their winnings because the state's budget doesn't allow the state to pay out. I hate to tell you this but banks and insurance are a false sense of security.
Edited by Shiithead (09/19/15 07:52 PM)
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GoldenEye
...



Registered: 05/24/13
Posts: 4,340
Loc: Amsterdam
Last seen: 6 months, 19 days
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Re: Anyone stack gold or silver? [Re: Shiithead]
#22261765 - 09/19/15 07:43 PM (8 years, 4 months ago) |
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I had a plate of gold implanted in my eyelid (hence the username). I ripped it out one day and I've been hanging on to it. Does that count as a stack?
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Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
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Re: Anyone stack gold or silver? [Re: GoldenEye]
#22261783 - 09/19/15 07:48 PM (8 years, 4 months ago) |
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If you had two plates then yes. xD
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
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GoldenEye
...



Registered: 05/24/13
Posts: 4,340
Loc: Amsterdam
Last seen: 6 months, 19 days
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Re: Anyone stack gold or silver? [Re: Shiithead]
#22261803 - 09/19/15 07:54 PM (8 years, 4 months ago) |
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Damn it, symmetry is overrated, my other eye didn't need one!
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Peachette
Wayward Princess


Registered: 11/22/09
Posts: 681
Loc: Secret Dungeon Level
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Re: Anyone stack gold or silver? [Re: Stonehenge]
#22261981 - 09/19/15 08:38 PM (8 years, 4 months ago) |
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Quote:
Stonehenge said: The diamond market has been rigged for many decades. Diamonds are not that scarce and without mafia style tactics, the price would have collapsed long ago.
You can't create gold or silver in the lab. The price of pm's has been kept artificially low. When the worldwide economic collapse hits, pm's will shoot up in value. Get 'em while they are cheap.
Prior to blood diamonds and DeBeers cornering 99% of the market, rings were typically adorned with rubies, emeralds, sapphires and the like. My engagement ring is a cushion cut emerald. My husband knew from the start I'm not a diamond girl.
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Anyone stack gold or silver? [Re: Peachette]
#22261999 - 09/19/15 08:40 PM (8 years, 4 months ago) |
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Its nice to get lucky, very few do. Its better to have a plan, a good plan and stick to it which it sounds like you are doing. I too think its a false deflation going on and that physical gold is way undervalued. I'm not buying more at the moment, I have a good amount in sd boxes but if it drops significantly more I will. I have a good bit of silver but its so bulky and heavy I hate to mess with it. Substantial weight but not much money involved.
Yes, they recalled gold and silver many years ago. This was when we were on the gold standard and they wanted to print more funny money which they did. They exempted thousands of dollars in today's value of gold as well as rare coins.
Even if they did it again today, all it would mean is it would be illegal to possess over whatever amount of gold. I seriously doubt that will happen. They never pried open everyone's safe deposit box without a warrant and could not do that today.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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kakashi68
Connoiseur of Illicit Substances


Registered: 11/25/11
Posts: 2,116
Loc: STRAYA
Last seen: 10 days, 6 hours
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Re: Anyone stack gold or silver? [Re: GoldenEye]
#22263501 - 09/20/15 04:55 AM (8 years, 4 months ago) |
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Quote:
GoldenEye said: I had a plate of gold implanted in my eyelid (hence the username). I ripped it out one day and I've been hanging on to it. Does that count as a stack?
wait plz explain? Why does your eye need a plate? Why was it gold? did you insurance pay for it? How heavy is it? Pure gold? Why and how did you rip it out?
-------------------- You know, just sometimes in between the first cigarette with coffee in the morning to that 400th glass of cornershop piss at 3am--you do sometimes look at yourself and think--this is fantastic. I'm in heaven. -Bernard Black
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GoldenEye
...



Registered: 05/24/13
Posts: 4,340
Loc: Amsterdam
Last seen: 6 months, 19 days
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Re: Anyone stack gold or silver? [Re: kakashi68]
#22263559 - 09/20/15 06:02 AM (8 years, 4 months ago) |
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My eyelid wouldn't close on its own. So my eye dried out. So this surgeon had the brilliant idea of putting some extra weight in it.
I had to go to the dentist to get a cast of my eye made in the same stuff they use to make a cast of your teeth for making your braces. They cut the bottom from a plastic cup, placed the opened up cup on my eye, asked me to close it (which it can't do - that's why I was there in the first place ), and poured that gypsum type of stuff into the cup and onto my eye.
So then they made a thin fitting plate stretching the entire length and width of my eyelid. It was implanted and gold was used because it is supposed to be inert. But still, after years, my body chose to encyst it and there was a pretty sharp edge to the thing that caused a little hole to appear on the side of my eyelid. I went to the doctor who agreed to take it out.
He said, we could use local aneasthetics but you'd feel one sting from the injection. Or I could grab tweezers and yank it out, which is another sting. So I asked if I could pull it out myself and I did.
Of course the hole started to bleed so I needed stitches, again without aneasthetics, one stitch is just as bad as one injection after all.
Insurance paid for everything and I got to keep the plate.
Here is a picture:
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makaveli8x8
Stranger

Registered: 02/28/06
Posts: 21,636
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Re: Anyone stack gold or silver? [Re: GoldenEye]
#22263591 - 09/20/15 06:23 AM (8 years, 4 months ago) |
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if I was your doc I woulda told you that you couldn't keep it, then as you walked out of the room I would have bit into it then quickly put it in my pocket
--------------------
  We were sent to hell for eternity Ø h® We play on earth to pass the time Over-population the root of all Evil-brings the Elites Closer to the gates.
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